CNB Financial closes ESSA Bancorp merger; ESSA reported net income $17M for FYE Sep 2024

CNB FINANCIAL CORP/PA

Merger closed July 23, 2025; ESSA merged into CNB, ESSA Bank merged into CNB Bank.
ESSA's audited FYE Sep 30, 2024: total assets $2.19B, net income $17.0M ($1.78 EPS), loans $1.74B.
ESSA's ACL as of Sep 30, 2024 was $15.3M on $1.76B loan portfolio.
CNB filed unaudited pro forma combined statements for FYE Dec 31, 2024 and Q1 2025.
ESSA net income for FYE Sep 30, 2024 down to $17.0M from $18.6M; net interest income $58.3M vs $61.6M.

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